[imperistan]

I think they call this responsive ads, you can create them on ads.google.com

[awavering]

Yep. It's been the standard format for manually building SERP ads for a couple of years now.

There are also Dynamic Search Ads which automate even more of the process of setting up a campaign based on your current website: https://support.google.com/google-ads/answer/2471185?hl=en